System: Robo Cta Commodity Trading Automation
Description: Robo Cta strategy uses built-in technical indicators to enter a market order and in addition uses a risk management parameters set by the trader to manage risk.
Type of Trading: Real
Broker: FXCM
Started: Feb 17, 2014
Views: 18
Tracking: 0 users
Currency Pairs: AUDJPY, AUDNZD, EURAUD, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDJPY
Essentials: The Robo Cta Commodity Trading Automation system has made 745 trades with an average winning trade of 15.28 pips / , the average losing trade around -52.48 pips / and an average trade length of 7h 31m.The best trade it ever had was (Sep 10) 100.0 in pips and the worst trade was (Sep 03) -350.1 in pips.
It has won (247/318) 77% of its attempted buys and (360/427) 84% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.